Example 1. You spend $200 for a business-related meal. If $110 of that amount is not allowable because it is lavish and extravagant, the remaining $90 is subject to the 50% limit. Your deduction cannot be more than $45 (50% Ã $90).
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Who Is Suzie on âPure Geniusâ? In the Pure Genius episode âYou Must Remember Thisâ, Bunker Hill founder James (Augustus Prew) wants to treat a police officer who suffered a brain injury and has lost all of his memories, and an obese woman is treated with an appetite suppression sensor.